COTI, a Web3 privacy layer, has partnered with decentralized Initial DEX Offering (IDO) platform Poolz to introduce the MomentumX Accelerator. The initiative, announced today, is designed to support projects leveraging COTI’s privacy-focused technology stack and drive innovation within the Decentralized Confidential Computing (DeCC) space.
The MomentumX Accelerator will offer resources and funding to startups using COTI’s flagship privacy technology, built on Soda Labs’ Garbled Circuits. It aims to foster sustainable growth of the COTI ecosystem while enabling the development of groundbreaking solutions in confidential transactions and data protection.
Through the partnership, Poolz will contribute its IDO infrastructure, giving projects a platform to raise funds and bring their products to market. COTI has committed up to $1 million annually in investments for qualifying projects. Additionally, the MomentumX Boost Plan will provide grants of up to $250,000, public launchpad exposure, and other resources, including influencer introductions, co-marketing efforts, and connections to key industry players.
“MomentumX Accelerator ensures that projects building with COTI’s privacy technology are empowered to create innovative solutions,” COTI stated in the press release. Poolz CEO expressed optimism about the collaboration, noting the alignment of expertise in privacy tech and fundraising.
Applications for the MomentumX Accelerator are now open for interested projects.
About COTI
The COTI Network provides a confidentiality layer for Web3, employing the cryptographic Garbled Circuits protocol to support secure, private blockchain transactions. Learn more: COTI.io.
About Poolz
Poolz is a decentralized platform specializing in IDOs and crypto project fundraising, having raised over $47 million for more than 150 startups. Learn more: Poolz.finance.
